Stock market today: Dow, S&P 500, Nasdaq rise as semiconductor stocks lead tech sector higher
Economic data: ADP weekly employment change, week ended Oct. 10 (+18,500 prior); Durable goods orders, September preliminary reading (+1.7% expected, -0.1% prior); FHFA housing price index, month-on-month, August (+0.1% expected, +0.3% prior); Conference Board consumer confidence, October (80.5 expected, 81.9 prior); Conference Board present situation, October (109.3 prior); Conference Board expectations, October (63.6 prior); Richmond Fed manufacturing index, October (-2 prior); Richmond Fed business conditions, October (-8 prior); New home sales, month-on-month, September (-5.5% expected, +6.4% prior); Building permits, month-on-month, September final reading (-0.2% prior); Dallas Fed services activity index, October (-1.8 prior)
Earnings calendar: SK Hynix (SKHY), Visa (V), The Coca-Cola Company (KO), HSBC Holdings (HSBC), Novartis AG (NVS), Boeing (BA), Seagate Technology Holdings (STX), S&P Global (SPGI), Corning (GLW), HCA Healthcare (HCA), Waste Management (WM), Freeport-McMoran (FCX), American Tower Corporation (AMT), Robinhood Markets (HOOD), UPS (UPS), The Sherwin-Williams Company (SHW), Ecolab (ECL), Hilton Worldwide Holdings (HLT), Illinois Tool Works (ITW), Royal Caribbean Cruises (RCL), NXP Semiconductors (NXPI), Baker Hughes (BKR), PayPal (PYPL), Teradyne (TER), Centene (CNC), EQT (EQT), CenterPoint Energy (CNP), SoFi Technologies (SOFI)
Catch up on some top stories from overnight:
Instacart’s possible $17 billion sale to DoorDash lifts its stock
Carney says a US trade deal is getting closer, but isn’t done
Foldable fears come true for some iPhone Duo buyers
